Fri, Aug 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Total number of single-manager hedge funds reached record level of 7,867 in 3Q12: hedge fund news, week 50

Saturday, December 15, 2012

In the week-ending 14 December 2012, Hedge Fund Research reported that new hedge fund launches and liquidations had maintained the pace of recent quarters in 3Q12 despite macroeconomic risks, political uncertainties and regulatory changes; Michael Cagney, a hedge-fund manager backed by China’s largest social-networking website, is starting a series of loan funds that targets Ivy League graduates; and UK-listed F&C A. M. launched the F&C Real Estate Equity Long/Short UCITS fund.

Horton Point LLC, a systematic trading firm based in New York, is now moving into the incubation business and is raising a private equity fund to serve as a seeding vehicle for a number of systematic traders; and SAIL Advisors said it was searching for strategies including long/short credit, relative value and long/short equity hedge funds for allocations next year.

WSJ reported that around eight hedge funds closed down in November and early December due to uncertain markets, tighter regulations and investors’ short-term horizons; and Martin Currie said it would shut down its long/short equity strategy China Hedge Fund after the firm got a $14m fine from U.S. and UK regulators.

The HFRI Fund Weighted Composite Index posted 0.35% gains in November (+4.9% YTD); the Bloomberg Hedge Funds Aggregate Index climbed 0.2% (+1.4% YTD); the Hennessee Hedge Fund Index was up 0.36% (+5.47% YTD); the Barclay Hedge Fund Index gained 0.40% (+6.36% YTD): the EurekaHedge index was up 0.52% (+4.51% YTD); the SS&C GlobeOp Hedge Fund Index went up 0.77% (8.9% YTD); the UCITS HFS Index was up +0.32% (+3.06% YTD); and the Newedge CTA Index lost 0.15% (-3.07% YTD).

North Asset Management’s MaxQ reported positive performance YTD with 13% gains; Blackheath’s Volatility Arbitrage Strategy Fund ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added